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Phil Knight Net Worth

Phil Knight Net Worth

How rich is Phil Knight?

Phil Knight Net Worth:
$22.5 Billion

Birth date: February 24, 1938
Birth place: Portland, Oregon, United States
Profession: Entrepreneur, Businessperson
Education: Stanford Graduate School of Business (1962), University of Oregon (1955–1959), Cleveland High School
Nationality: United States of America
Spouse: Penny Knight (m. 1968)
Children: Travis Knight, Christina Knight, Matthew Knight
Parents: Lota Hatfield Knight, William W. Knight

Source: Wikipedia & Freebase

Phil Knight net worth, wiki & biography:

Knights dad, William W. Knight, was a lawyer turned newspaper publisher. Revealing the determination that would later make the nike one of the greatest entrepreneurs and most affluent individuals on earth (56th in the world according to Forbes), Knight requested his dad for a summer job at his paper. His dad rejected his request on the reasons of nepotism saying he should have the ability to locate his own work so Knight went to work for a rival paper. Knight received his journalism degree in the University of Oregon in 1959. While there knights lettered as a varsity in track in 1957, 58, and 59.

Phil Knight Net Worth $18.8 Billion

His greatest time in the mile was 4 minutes, 10 seconds. Knight continued his schooling at Stanford Business school. Knight wrote a paper because course starting his interest joining track and company, Can Japanese Sports Shoes Do to German Sports Shoes What Japanese Cameras Did to German Cameras? After graduation, Knight took employment as an accountant at an important company that would continue to become present day Price Waterhouse in addition to work as an assistant professor of business administration at Portland State. Yet Knight took a trip to Asia investigating the world and ran across Tiger-brand running shoes. By the close of the assembly Knight had procured distribution rights for the western United States. Bill was so impressed that he not only purchased some, he offered to become Knights company associate. The two became partners and formed Blue Ribbon Sports that would finally become Nike. Knight paid a $35 fee to Carolyn Davidson in 1971 for the Nike swoosh arguably the most recognizable symbol on the planet as well as Coke and McDonalds. Initially Knight sold shoes from the trunk of his automobile at track meets until eventually sales were high enough he could leave his bookkeeping occupation. That course was an aha! Minute Shallenberger defined the type of person who was an entrepreneurand I understood he was speaking to me. I recall after saying to myself: This is actually what I want to do.

The billionaire dwells quite modestly for a billionaire. The house was purchased in the 70’s and has a pool and a pleasant lawn, but is really rather small for a billionaire particularly compared to houses like Larry Ellisons. Knight can drive anything he desires, but picks to drive an Audi R8, which do cost over $100k. Knight rather loves spending his bundle charitably making contributions to his alma maters The University of Oregon and Stanford Business School. Knight has given so much cash to the University of Oregon that he’s his own locker in the football locker room. The university has additionally named a library after his mom, the law school after his dad, and the basketball stadium, Matthew Knight Arena, after his late son who died while scuba diving. After retiring as CEO, Knight chose a page out of Steve Jobs playbook and bought an cartoon studio the motivation being distinct as it was the cartoon studio his other son Travis worked for. Maybe or maybe not still bitter over the way bill was handled when he requested work at his dads paper, Knight named Travis CEO of the cartoon business. Knight and his wife jointly, through their foundation own 841,145 shares of Class B common stock in Nike.

Is Phil Knight's Net Worth Deserved?

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